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Waiting game: CP-KCS merger decision nears

(Source: Railfan & Railroad Magazine, March 1, 2023) The U.S. Surface Transportation Board is expected to rule on the largest railroad merger in a generation in the coming days and weeks. Exactly when, though, is unknown. Full story: Railfan & Railroad...

Class I employment rose nearly 4% in December 2022

(Source: Progressive Railroading, February 8, 2023) Class Is employed 119,349 people as of mid-December 2022, a 0.34% increase from November 2022 and a 3.88% increase from December 2021 employment levels, according to Surface Transportation Board data. Five of six...

CP “ready to roll” on KCS merger

(Source: Freight Waves, February 1, 2023) Canadian Pacific officials are upbeat about what 2023 might bring for the railway, with U.S. regulators poised to move soon on CP’s request to merge with Kansas City Southern. Full story: Freight Waves